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FX Levels for Today. June 9, 2009

Tue, Jun 9 2009, 05:05 GMT
by Abdul Khan

Income Generation Strategies  |  View company's profile


Overview

A slow to start to the week so far, with little in the way of economic data.

A report in the UK papers this morning suggests the IMF is calling for the ECB to step-in and cleaning up the European banking system. The article lifted the USD in Asian trade, and caused Gold to slip back to near the overnight lows.

I'm a a Buyer of gold on a pullback towards 920, or if we see a break above 955 today.

For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there.

Data for Today

Trades for Today

AUD: Buy a abreak above 0.7930

Gold: Buy a break above 956.0

Email for details regarding stop-loss and profit targets. You can also now get me on twitter at:

http://twitter.com/forexplus


Income Generation Strategies | Level 26, Waterfront Pl. 1 Eagle Street, Brisbane, Qld. 4001
http://www.incomegenerationstrategy.com/ | abdul.khan@tricom.com.au

Archive


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- All opinions and materials provided on our website and in our e-communications are provided by appropriately licensed individuals where financial advice may be deemed to have been given. Incomegenerationstrategy.com is an e-portal to our contributors and as such does not provide financial advice in its own right. We will always mark information according to the contributing alliance partner and you are welcome to check the bona fides of any of our contributors directly with their parent companies or at www.asic.gov.au. Incomegenerationstrategy.com is solely focused on developing, arranging and promoting products and events and does not hold a proper authority. This website does not operate under the auspices of an ASIC license and incomegenerationstrategy.com does not provide financial advice at any time. Any communications that may be construed as such are provided solely by our contributors.
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